October 2021

iCrowdNewswire Press Release

What Landlords Need to Know: Credit Reports 101

There is a lot of confusion floating around about the idea of a credit report for landlords. For instance, some believe that you can’t obtain a tenant credit check due to privacy laws. That isn’t the case. It is true that you must have a “permissible reason” (according to the FTC) to obtain a credit report. It just so happens that someone wishing to rent your property qualifies as a permissible reason to run a tenant credit check. Below are a few other facts and details landlords need to know about tenant screening that go beyond a tenant rental credit check.

Business Wire Press Release

Landlord Credit Checks Made Quick, Easy & Affordable With Landlord Credit Bureau

Working as a landlord can be a stressful job. Preparing the property, reviewing applications, interviewing applicants, choosing the right tenant, and performing the necessary tenant screening, including credit checks, background searches, and past landlord references all take time. When things move too slowly, it is possible to miss out on great renters, as they may find another property. Thankfully, Landlord Credit Bureau is working to change that.

Issuewire Press Release

Landlord Credit Bureau Is Helping Renters Build Their Credit — Here’s How They’re Doing It

Many renters have fallen victim to a similar story — they’re stuck renting because their credit isn’t good enough to purchase a home, and they’re struggling to get their credit rating up because the majority of their income goes toward their rent. Thankfully, Landlord Credit Bureau’s CEO, Zachary Killam, is helping renters improve their credit by working alongside Equifax (one of the three credit bureau giants) to include rent payments as a part of the credit reporting process.

EIN Presswire Press Release

Landlord Credit Bureau Shares Their Top Tips For Improving The Landlord-Tenant Relationship

Many landlords and tenants alike have struggled with creating a positive landlord-tenant relationship. From wanting repairs to wanting rent on time, there are many issues that can cause a rift between property owners and renters. Landlord Credit Bureau understands how important it is for a landlord and tenant to get along — landlords enjoy the possibility of working with the same tenant over multiple years, and renters enjoy a positive relationship and a great reference when it’s time to move somewhere new.

CMP Press Release

New hope for first-time homebuyers? Tenants can now use rent payments to bolster credit reports

It’s a refrain Mortgage Broker News readers will be all too familiar with: “Why isn’t my credit score better? I pay my rent every month. How can that not matter?”

Rent is the biggest monthly expense for independent Canadians who don’t own their own homes. Paying it on time isn’t always easy. For thousands of Canadians, paying rent requires making a choice between meeting one financial obligation or another, but they overwhelmingly make rent a top priority.

CMP Press Release

Program helps mom-and-pop real estate investors struggling to collect rent, pay their mortgages

If there’s one misconception about landlords, it’s that they’re rich. While many do eventually make the ascension from mortal and mogul, most real estate investors own, or are still paying off, a relatively small assemblage of residential properties. With cap rates shrinking across the country, many of these investors are grateful to reach month-end without an unforeseen maintenance emergency wiping out the few hundred dollars in cash flow they rely on to make their investments worthwhile.